The Department of Energy (DoE) on Wednesday announced more than $200m for modernisation and expansion of the country’s hydroelectric plant which presently supplies about 6% of US electricity.
The funding is part of a $1trn bipartisan infrastructure law signed by President Joe Biden in November 2021. Of the $550bn in new spending, $76bn is allocated for energy investments using competitive grants, loan or block grants, and loan or financing programmes.
